Mindset Wealth Management LLC Increases Holdings in NVIDIA Corporation $NVDA

Key Points

• Mindset Wealth Management increased its NVIDIA stake by 25.2% in the second quarter, owning 1.18 million shares valued at approximately $236.9 million. NVIDIA now represents 45.6% of the firm’s portfolio, while institutional investors collectively own 65.27% of the company.
• NVIDIA reported strong quarterly results, with earnings per share of $2.22 and revenue of $96.22 billion, up 105.9% year over year and above analyst estimates. Analysts maintain a consensus “Buy” rating with an average price target of $324.34.
• Insiders have been selling shares: executives and directors sold 1.74 million NVIDIA shares worth approximately $392.7 million over the past 90 days, including a $144.1 million sale by director Mark Stevens.

Mindset Wealth Management LLC increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 25.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,184,129 shares of the computer hardware maker's stock after acquiring an additional 238,146 shares during the quarter. NVIDIA comprises about 45.6% of Mindset Wealth Management LLC's investment portfolio, making the stock its largest position. Mindset Wealth Management LLC's holdings in NVIDIA were worth $236,932,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. LightSquare Wealth Management LLC lifted its holdings in NVIDIA by 0.3% in the second quarter. LightSquare Wealth Management LLC now owns 18,695 shares of the computer hardware maker's stock valued at $3,741,000 after buying an additional 49 shares during the period. Defender Capital LLC. raised its position in shares of NVIDIA by 0.7% during the 2nd quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker's stock valued at $1,507,000 after acquiring an additional 50 shares during the last quarter. Kooman & Associates raised its position in shares of NVIDIA by 0.6% during the 2nd quarter. Kooman & Associates now owns 8,464 shares of the computer hardware maker's stock valued at $1,694,000 after acquiring an additional 50 shares during the last quarter. Roof Eidam Maycock Peralta LLC lifted its stake in shares of NVIDIA by 0.3% in the 2nd quarter. Roof Eidam Maycock Peralta LLC now owns 18,827 shares of the computer hardware maker's stock valued at $3,767,000 after purchasing an additional 50 shares during the period. Finally, Persium Advisors LLC boosted its position in shares of NVIDIA by 3.5% in the 2nd quarter. Persium Advisors LLC now owns 1,466 shares of the computer hardware maker's stock worth $293,000 after purchasing an additional 50 shares during the last quarter. Institutional investors own 65.27% of the company's stock.

Insider Buying and Selling

In related news, Director Mark Stevens sold 622,239 shares of NVIDIA stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the completion of the sale, the director owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Timothy Teter sold 30,000 shares of the stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $217.88, for a total value of $6,536,400.00. Following the transaction, the executive vice president owned 2,687,660 shares in the company, valued at approximately $585,587,360.80. This trade represents a 1.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 1,735,658 shares of company stock valued at $392,663,865. Company insiders own 3.94% of the company's stock.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: CEO Jensen Huang pushed back against AI “doomsday” scenarios and argued that existing laws are sufficient, helping ease concerns that overly restrictive regulation could slow AI deployment. Nvidia’s Jensen Huang rejects AI doomsday fears
• Positive Sentiment: Analysts and financial commentators continue to highlight NVIDIA’s earnings momentum, broad AI hardware and networking portfolio, and projected long-term demand. Zacks restored the stock to a Rank #1 “Strong Buy,” while another report cited potential upside from positive earnings revisions. Bull of the Day: NVIDIA Corp.
• Positive Sentiment: Potentially improved access to China is a major catalyst. NVIDIA’s latest forecast reportedly assumes no data-center compute sales to China, leaving upside if the upcoming Trump-Xi discussions lead to licenses or expanded chip shipments. Nvidia’s forecast assumes no data center chip sales to China
• Positive Sentiment: New ecosystem initiatives reinforce NVIDIA’s expansion beyond GPUs. QAD | Redzone plans to integrate NVIDIA technology into manufacturing intelligence, while NVIDIA’s reported roughly $12.9 billion Hugging Face acquisition would add a major developer, model and dataset ecosystem. QAD Redzone Accelerates Manufacturing Intelligence with NVIDIA
• Neutral Sentiment: Investors are increasingly focused on AI infrastructure bottlenecks such as high-bandwidth memory, optical networking, power and cooling. Rising component costs could pressure NVIDIA’s margins, but may also validate demand and strengthen the position of critical suppliers such as Micron, Coherent and Lumentum. NVIDIA just named AI’s next bottleneck
• Negative Sentiment: AMD’s rapid advance is intensifying competitive pressure. Large OpenAI and Oracle commitments, rising data-center revenue and potential pricing power suggest hyperscalers are diversifying away from a single accelerator supplier. AMD chips away at NVIDIA’s AI throne
• Negative Sentiment: Other reports warn that higher interest rates, concentrated AI revenue, expensive infrastructure financing and persistent bubble concerns could weigh on NVIDIA’s richly valued shares. NVIDIA also missed the strongest portion of a Meta-driven chip rally, underscoring lingering growth expectations.

NVIDIA Trading Up 0.7%

NASDAQ NVDA opened at $228.87 on Wednesday. The stock's 50 day moving average price is $215.47 and its two-hundred day moving average price is $205.09. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The stock has a market capitalization of $5.52 trillion, a price-to-earnings ratio of 28.93, a PEG ratio of 1.76 and a beta of 2.22. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating analysts' consensus estimates of $2.09 by $0.13. The business had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm's revenue for the quarter was up 105.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.05 earnings per share. As a group, analysts anticipate that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be paid a $0.25 dividend. The ex-dividend date is Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 0.4%. NVIDIA's dividend payout ratio is currently 12.64%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on NVDA. Wells Fargo & Company reiterated an "overweight" rating and issued a $315.00 price objective on shares of NVIDIA in a report on Tuesday, August 11th. Raymond James Financial set a $515.00 target price on NVIDIA and gave the stock a "strong-buy" rating in a report on Thursday, August 27th. Melius Research set a $420.00 price target on shares of NVIDIA in a research report on Thursday, August 27th. Phillip Securities boosted their price objective on shares of NVIDIA from $285.00 to $300.00 and gave the company a "buy" rating in a report on Monday, August 31st. Finally, Citigroup reaffirmed a "buy" rating and issued a $315.00 target price (up from $300.00) on shares of NVIDIA in a research note on Thursday, August 27th. Three analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, NVIDIA has a consensus rating of "Buy" and an average price target of $324.34.

NVIDIA Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company's offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

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